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A Specific-Factors Model with Historical Application

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  • Christopher Bliss

    () (Nuffield College, Oxford, UK)

Abstract

In 1971, Ronald Jones examined a three-factor two-good model under the assumption that two of the factors are specific to one sector (a different sector for each such factor). Working independently, in the same year Paul Samuelson developed a similar framework. In this paper that specification is weakened, so that only one sector (agriculture) has a specific factor (land). When land is a separable input into food production, factor price-equalization can no longer be shown, but Stolper-Samuelson magnification is still observed, although it is weakened. An application to the abolition of the corn laws is discussed. Copyright Blackwell Publishing Ltd 2003..

Suggested Citation

  • Christopher Bliss, 2003. "A Specific-Factors Model with Historical Application," Review of International Economics, Wiley Blackwell, vol. 11(2), pages 268-278, May.
  • Handle: RePEc:bla:reviec:v:11:y:2003:i:2:p:268-278
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    Cited by:

    1. Harry P. Bowen & Jennifer P├ędussel Wu, 2013. "Immigrant Specificity and the Relationship between Trade and Immigration: Theory and Evidence," Southern Economic Journal, Southern Economic Association, vol. 80(2), pages 366-384, October.
    2. Nakada, Yoshiaki, 2015. "Deriving the factor endowment-commodity output relationship for Thailand (1920-1929) using a three-factor two-good model," MPRA Paper 69654, University Library of Munich, Germany.
    3. Yoshiaki Nakada, 2017. "Factor endowment -- commodity output relationships in a three-factor, two-good general equilibrium trade model," Papers 1711.11429, arXiv.org.
    4. Nakada, Yoshiaki, 2015. "Economy-wide substitution and Rybczynski sign pattern in a three-factor two-good model," MPRA Paper 67863, University Library of Munich, Germany.

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